With 2.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.89 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $25.53 whereas the lowest price it dropped to was $24.73. The 52-week range on ASB shows that it touched its highest point at $28.18 and its lowest point at $19.40 during that stretch. It currently has a 1-year price target of $27.89. With its current market cap of 4.07 billion, ASB has annualized dividend of $0.89 while the current yield stands at 3.57%. ASB paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.93.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASB was down-trending over the past week, with a drop of -0.87%, but this was up by 2.84% over a month. Three-month performance surged to 11.09% while six-month performance rose 4.26%. The stock gained 14.14% in the past year, while it has gained 4.39% so far this year. A look at the trailing 12-month EPS for ASB yields 1.19 with Next year EPS estimates of 2.73. For the next quarter, that number is 0.55. This implies an EPS growth rate of 1.42% for this year and 12.92% for next year.
Float and Shares Shorts:
At present, 163.25 million ASB shares are outstanding with a float of 161.66 million shares on hand for trading. On 2024-12-31, short shares totaled 3.65 million, which was 221.0 higher than short shares on 1732838400. In addition to Mr. Andrew John Harmening as the firm’s President, CEO & Director, Mr. Derek S. Meyer serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.80091006 of ASB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASB since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASB analysts setting a high price target of 30.0 and a low target of 26.0, the average target price over the next 12 months is 27.88889. Based on these targets, ASB could surge 20.24% to reach the target high and rise by 4.21% to reach the target low. Reaching the average price target will result in a growth of 11.78% from current levels.
Analysts have provided yearly estimates in a range of $2.23595 being high and $2.09431 being low. For ASB, this leads to a yearly average estimate of $2.17525. Based on analyst estimates, the high estimate for the next quarter is $0.62 and the low estimate is $0.52. The average estimate for the next quarter is thus $0.58.
